Oh boy! Now we’re in it up to our proverbial ears. When Big Guy told his little people to “git’er done” he fully expected them to cut a deal with the R-words. In fact he was advised (badly, as usual) that they already had: cut a deal that is. So he called the boys to his office planning to announce a triumphant historic compromise that slashed our $3.8 trillion budget (with a $1.3 trillion deficit) by a whole $33 million.
But the mean old R-words want twice that, the greedy political ideologues.
Let’s have Doug Ross provide analysis:
...The gray line is where we were at the end of September 2010 ==> that's our target.
The blue line is the Obama administration's baseline budget. As you can see, it sails off into the stratosphere. This is the budget plan the Democrats are defending.
The teal line and red line are the Deficit Commission and Ryan's plan, respectively. The teal line makes it back to the gray line by the end of 2022. Ryan's plan? Well, you'll have to wait another 10 years...
...This is what the President and his crackerjack economic team have wrought. A one-year deficit that is so large that it can only be paid back if everything goes exactly right. And if everything goes exactly right, we're still looking at decades before we can get back to the debt level we had only 6 months ago.
Yikes! When you put it that way it almost makes Big Guy’s team seem irresponsible. And stupid. That’s not what we’re shooting for.
So instead of coming out to take a bow, Big Guy had to scramble fast and come up with a tongue lashing for the R-word demagogues. He said they were irresponsible and standing in the way of our Winning the Future. By the way, did you see our first historic WTF ad?
And apparently we can’t pass our 2012 budget for WTF until we get the 2011 budget hammered out. That’s a shame because we’ve got everything all planned out and taken care of with the 2012 budget. If we can just get it implemented:
Having emerged from the worst recession in generations, the President has put forward a plan to rebuild our economy and win the future by out-innovating, out-educating, and out-building our global competitors and creating the jobs and industries of tomorrow. But we cannot rebuild our economy and win the future if we pass on a mountain of debt to our children and grandchildren. We must restore fiscal responsibility, and reform our government to make it more effective, efficient, and open to the American people.
Our CBO says that budget runs a $9.5 trillion deficit over the decade. Wow! I wonder what a real “mountain of debt” looks like?
On to Lady M news: she’s pretty ticked off about being scooped on her own Big White Garden of Verses book scheduled to be released next year. Butt since there’s (apparently) nothing that we can do to the author and publisher – we ran it by Ricky’s Justice Department - we’re just going to suck it up and see what other ammunition we can use in retaliation.
I’m still unclear on what happens around here if the R-words refuse to act like adults, as Big Guy ordered them to, and there’s a government shutdown. The last time we had a shutdown, in 1995, Hil didn’t consider me “essential” so I got a nice furlough. Butt I’m not so sure with Lady M. She may consider my refractions more important than Hil did. MO’s become rather accustomed to my nose slimming and laugh line erasing capabilities. I’m not sure she’s willing to give them up just because of some silly old budget.
Improvements by MOTUS:
I’m feeling pretty confident about my status, since without me Lady M would be forced to make tough choices to allocate scarce federal resources to the areas critical to our Winning The Future youthful look: bridge slimming, teeth pulling and realignment, skin “tightening.”
None of this stuff is free unless you can do it with mirrors!
The President’s 2012 Budget is a responsible approach that puts the nation on a path to live within our means so we can invest in our future – by cutting wasteful spending and making tough choices on some things we cannot afford, while keeping the investments we need to grow the economy and create jobs. It targets scarce federal resources to the areas critical to winning the future: education, innovation, clean energy, and infrastructure. And it proposes to reform how Washington does business, putting more federal funding up for competition, cutting waste, and reorganizing government so that it better serves the American people.
Oh yeah, and Big Guy is hitting the tarmac for the next couple of days to raise a billion dollars to WTF.